| MGA latest price $89.5700 (1.74%) ($87.5480 - $89.6500) on Thu. Apr. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.61% (three month average) |
RSI | 41 |
Latest Price | $89.5700(1.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.7% a day on average for past five trading days. |
Weekly Trend | MGA declines -2.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) DRIV(75%) IDRV(75%) IWM(70%) IWN(70%) IWD(68%) |
Factors Impacting MGA price | MGA will decline at least -1.305% in a week (0% probabilities). VIXM(-38%) UUP(-32%) VXX(-13%) TLT(-5%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.305% (StdDev 2.61%) |
Hourly BBV | 1 () |
Intraday Trend | 0.4% |
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